Well, I for one like to learn about the background of what the hell's going on. I agree that in-game lore is nice, and I'd be fine if the Grimiore was in a codex of some sort in-game, but getting ride of it all together doesn't make much sense to me.
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If it means Bungie can make a competent story and in game story, I'm all for it being taken out. Honestly, I believe some codex should be online as well, and all these lore fans are probably forgetting that many sites will move all the lore to a site for people wanting to see it out of game as well. I also stated that Grimoire won't be needed if they have books; and the "campfire stories" would basically be replaced by Adventures in patrols (I.e. Dredgen Yor) which would be so much cooler more than reading it in grimoire.